About Prestige Option
Prestige Option is a recently launched binary options broker founded in 2015 and it was run by Leadtrade Ltd., a Cyprus Investment Firm (CIF), which is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 296/16.
Their license is subject to the Cyprus Investment Services and Activities and Regulated Markets Law of 2007, which is harmonized with the requirements of the European Parliament’s Markets in Financial Instruments Directive (MiFID).
In accordance with MiFID, Leadtrade Ltd has received authorization into almost all member states of the EEA and is registered with the financial regulators of the states where it provides services to their residents.
So, you can easily find them in such financial registers like FCA (UK), BAFIN (Germany), REGAFI.FR (France) and some others.
Trading platform (Assets and instruments)
Prestige Option gives to the trader the very advanced and easy to use TradeSmarter binary options trading platform. The trading software has high/low options with expiration’s going from multiple times of day to as far out as 6 months. The short term trading option time frames are 60 seconds, 2 and 5 minutes options.
Also Prestige Option offer StrategiX, which have a variety of additional options including: Touch/No Touch Options, Range Options and Above/Below Options
There are up to 83 various assets could be used for trading. The minimum trade size is only 10 EUR for short-term maturities and 25 EUR for the more advanced option types.
Prestige Option broker has a feature that not so easy to find in other platforms. It is a built-in binary options signal generator called “AutoChartist”. It provides signals with description. AutoChartist tells you if the signal is looking for a “rebound” or “approach”. It is very helpful because it has information not about expected asset direction, but about reasons behind it also.
Payouts and bonuses
Standard option payouts can reach 88%, which is corresponding to a higher range of the industry standards. The Prestige Option trading platform also has “Risk-o-meter” option refund – trader can choose lower payout but can get some percent of his investment back.
And of course, as any other broker they have Welcome Bonus – up to 150%.
Prestige Option has released their mobile apps for both Android & iOS. Their website is also mobile optimized. So, you can easily use their trading platform outside the office and sitting on the beach.
An extensive Training Center including interactive videos, educational tutorials, eBooks, market reviews and the ability to participate to live webinars with a Prestige Option expert. List of their upcoming webinars are regularly published in our calendar.
The customer support at Prestige Option is available through email, telephone and live chat from Monday to Friday. You can use the web contact form to email the Prestige Option customer department.
Deposit Methods / Withdrawals
The minimum deposit for a new account is 250 EUR. There are a lot of various deposit methods available for the traders – Credit Card (MasterCard, Visa, Diners Club, Maestro and JBC), Skrill, Moneybookers, bank wire.
Prestige Option does not charge any fee but your bank may charge you a fee if you withdraw through bank wire. It takes about 2 days for the customer support department to process your withdrawal request and verify it. After your withdrawal request has been verified, it will take 3 – 5 days to arrive in your bank account.